Equity market rebounds with N16bn gain

Nigerian stocks maintain uptrend with N109bn gain

Equity market rebounds with N16bn gain   The equity market, on Monday, returned to positive territory as the Nigerian Stock Exchange All-Share Index  (NSEASI) and market capitalisation rose by 0.08 per cent. The market breadth closed on a positive note with 28 gainers against 24 decliners. The ASI grew by 30.56 basis points or 0.08 per cent from 40,120.22 basis points last Friday to 40,150.78 basis points on Monday while the market capitalisation of equities appreciated by N16 billion to close at N20.99 trillion from N20.98 trillion. On the activity…

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Equities bullish with N213bn gain as investors trade N11.5bn shares

investors gain

Equities bullish with N213bn gain as investors trade N11.5bn shares   It was yet another day for equity investors in Nigeria to smile all the way to the bank as the domestic equities market maintained gaining streak. The All-Share Index (ASI) notched a 1.03 per cent gain to close at 39,512.39 basis points on Wednesday. This is equivalent to N213 billion profit for investors and as such, market capitalization of the equity market hit N20.66 trillion to close the session, higher than N20.447 trillion it closed the previous session. Meanwhile,…

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